Archived Industry News - August 2007
More properties sold at auction
Landlords can increasingly pick up bargains by buying residential property at auction, a new report suggests.According to a report from Rics, the numb...
31-Aug-2007
Most landlords 'are trying to dodge TDS'
More than three-quarters of landlords in the UK are yet to register for tenancy deposit protection, an industry body has warned.The National Landlords...
31-Aug-2007
Expert tips Carlisle as new student hotspot
Landlords interested in profiting from the student rental market would do well to consider Carlisle as a potential area for investment, a local proper...
30-Aug-2007
Landlords 'could consider Parisian property'
More adventurous UK landlords could consider expanding their portfolios with new properties in Paris, an industry expert has claimed.Paul Collins, the...
30-Aug-2007
House price inflation continues to slow
Residential property prices in the UK only increased slightly in July, official figures indicate.Data released by the Land Registry shows that house p...
30-Aug-2007
More people have to rent in the countryside
Housing in rural areas of the UK is becoming more expensive, forcing more people to rent, new research suggests.The latest annual Halifax Rural Housin...
29-Aug-2007
Buy-to-let continues to perform well
Despite rising borrowing costs, the buy-to-let market remained robust in July, new figures suggest.Data from Paragon showed that strong demand for ren...
29-Aug-2007
Families 'don't want to rent in London'
Families are increasingly looking to rent properties outside of London in a bid to improve their quality of life.Figures released by the Office for Na...
28-Aug-2007
Students 'will benefit from TDS rules'
Students returning to university are set to benefit from the newly introduced tenancy deposit scheme (TDS), industry experts have claimed.The National...
28-Aug-2007
Perfect rental home revealed
The typical Brit would opt to live in a detached, new build property, new research reveals.Data gathered Halifax has shown what people in the UK consi...
28-Aug-2007
Private student lets 'teach people about being a good tenant'
Living in private rented accommodation gives students time to learn important life skills and possibly become better tenants in the future, an industr...
24-Aug-2007
Location 'vital when adding more properties'
Landlords need to carefully select the location of their next investment and try not to follow the crowd when it comes to expanding their portfolio, a...
24-Aug-2007
Landlords 'are confident in the sector'
The first Landlord Association Audit has shown that landlords are generally confident that they will continue to fill their properties in the future.W...
23-Aug-2007
Lincoln 'a good choice for landlords'
Lincoln has emerged as an excellent location for landlords to consider buying property, an industry expert has said.Linda McGuirk, a spokesperson from...
23-Aug-2007
Gardens 'attract people to rental properties'
Landlords have been advised that taking the time to make a rental property's garden more attractive can make it easier to let out.Alasdair MacKenz...
23-Aug-2007
Landlords 'avoid TDS by not taking deposits'
A large proportion of landlords in the UK are getting around the tenancy deposit scheme (TDS) simply by not asking for a deposit from renters.Accordin...
22-Aug-2007
Superdensity homes 'to be located near transport'
So-called superdense housing projects will be situated in built-up urban areas and are unlikely to force local residents out of the area.That is accor...
22-Aug-2007
Buy-to-let outperforms the stock market
Since 2000 landlords have enjoyed returns on their investments that are higher than those offered by the FTSE 100, new research suggests.Landlord Mort...
21-Aug-2007
Landlords 'hope to maintain control over their investments'
New landlords are entering the market because of the control they can exercise over their buy-to-let investment, new research shows.Figures from Mortg...
21-Aug-2007
Boscombe's regeneration 'makes it a good place to invest'
Landlords looking to add to their portfolios of property should consider investing in Boscombe, an industry expert has said.Recently, it was revealed ...
21-Aug-2007
House price growth 'still slowing'
House price growth continued to slow in August, suggesting that landlords could add to their portfolios relatively cheaply.Figures published by Rightm...
20-Aug-2007
Local authorities 'monitoring HMOs carefully'
Local authorities in the UK have launched major surveys to try and find landlords who are operating licensable houses with multiple occupancy (HMO) il...
20-Aug-2007
Landlords 'should be wary of cheap letting agents'
Strong levels of demand for rental properties in the UK mean that many letting agents are slashing the fees they charge landlords.However, letting spe...
20-Aug-2007
University towns offer capital appreciation for landlords
New research from Halifax underlines the fact that university towns represent a represent a sensible buy-to-let option for landlords.The lender's ...
17-Aug-2007
Tenants 'lie to landlords to get property'
A significant number of tenants admit that they lie to their landlord about how much they earn when trying to rent a new home, research shows.Data gat...
17-Aug-2007
Landlords are signing up for TDS schemes
Around 7,000 new tenancies a day have been registered since Tenancy Deposit Protection became a mandatory requirement in the private rental market, ne...
16-Aug-2007
Changes afoot at Arla
The chief executive of one of the organisations which represents the interests of letting agents in the UK will step down at the end of the year.Arla&...
16-Aug-2007
Properties above shops 'a good investment idea'
Landlords should consider investing in residential property above commercial units, a new report argues.In the past, many lenders have looked to disco...
16-Aug-2007
Scottish house prices continue to rise
House prices in Scotland continued to rise in the last quarter, perhaps suggesting that more people will be forced to rent in the future.Data released...
15-Aug-2007
Student market 'still lucrative for landlords'
Student lettings can be more lucrative for landlords than renting to couples or professionals, an industry expert has said.Lee Grandin, director of La...
15-Aug-2007
New landlords need as much advise as possible
People just starting out as landlords should consider joining a reputable association, an industry expert has said.Media reports about the continued v...
14-Aug-2007
Rental incomes 'alter street by street'
As the Bank of England predicts that interest rates could increase again before the end of the year, landlords looking to expand their portfolio of re...
14-Aug-2007
Buy-to-let continues to grow
Landlords have continued to use buy-to-let mortgages to fund their portfolio expansion, new research indicates.Figures released by the Council of Mort...
14-Aug-2007
Inner-city areas 'offer good returns'
Landlords opting to add to their portfolios with properties located in inner-city areas are enjoying surprisingly good returns, an industry expert has...
13-Aug-2007
Agent's lost money 'covered by Arla'
A residential letting agent with offices in Spalding and Boston has collapsed, but the money owed to tenants and landlords was protected by Arla.Eleys...
13-Aug-2007
Landlords 'should show compassion to flood victims'
A consumer group has asked landlords and letting agents to be reasonable and help their tenants out in the aftermath of June and July's flooding.M...
10-Aug-2007
Interest-only mortgages 'make rental properties profitable'
Interest-only mortgages are vital for buy-to-let landlords who want to ensure their portfolio of property funds itself, an industry expert has said.St...
10-Aug-2007
Landlords 'embrace private sales'
Landlords are increasingly opting to buy new properties privately, as frustration with the services and fees provided by estate agents mounts.That'...
09-Aug-2007
'Death trap' rental property landlord fined
A rental property in Burnley was branded a "death trap" by magistrates, after it was found to have no working fire alarms, no fire doors and...
09-Aug-2007
Interest rates 'could hit six per cent'
Interest rates in the UK could rise to six per cent before the end of the year, the Bank of England has suggested.The Bank published its quarterly inf...
09-Aug-2007
Smaller letting agents 'can offer a more personal service'
Smaller letting agents can sometimes offer a more personal service which gives them the edge over their larger rivals, an industry expert has said.Rec...
08-Aug-2007
Letting market review welcomed
The decision to allow the former director of the Office of Fair Trading (OFT), Sir Bryan Carsberg, to review the UK private property sector has been w...
08-Aug-2007
Durham 'offers best student yields for landlords'
Landlords can obtain good returns by renting to students, but only if they pick their locations with care, new research suggests.Data gathered by Land...
07-Aug-2007
Landlords 'use online tools when looking for mortgages'
Landlords are increasingly using internet tools to find out information about the various mortgages available to them, new research suggests.In 2006 S...
07-Aug-2007
Long-term leases 'not good for landlords'
Landlords should try to avoid offering their tenants long-term contracts as it can mean rental incomes start to fall behind the market average, an ind...
07-Aug-2007
Increasing repossessions 'could mean more people rent'
New figures suggest that more people in the UK could have to rent property in the future because they are having their own homes repossessed.Data rele...
06-Aug-2007
Landlords 'are actively looking to fill properties'
Claims that many buy-to-let landlords are harming the UK housing market by deliberately leaving properties empty are not true, a new study suggests.Ac...
06-Aug-2007
Landlords approve of TDS rules
Many landlords in the UK feel that the tenancy deposit scheme (TDS) has either had a positive or neutral effect on their business, a new survey sugges...
03-Aug-2007
Interest rates stick at 5.75 per cent
The Bank of England's Monetary Policy Committee (MPC) has decided to keep interest rates unchanged in August.Yesterday (August 2nd), the MPC annou...
03-Aug-2007
Landlords 'face competition from homeowners'
If interest rates continue to rise, landlords may find they face competition from private homeowners who could opt to rent out spare rooms.That's ...
03-Aug-2007
Graduate salaries 'force them to rent'
Factors like low starting salaries and a lack of equity are likely to mean many graduates have to rent for many years, an industry expert has suggeste...
02-Aug-2007
London yields drop
The rental yields that landlords obtain in London have continued to fall, new figures suggest.Figures from Landlord Mortgages indicate that rental yie...
02-Aug-2007
HMOs are 'a vital part of the rental sector'
Landlords who provide houses in multiple occupation (HMOs) are offering affordable accommodation to those who might otherwise struggle to afford to re...
01-Aug-2007
Landlords 'expect to expand portfolios'
New landlords entering the buy-to-let market expect to double the size of their portfolio in the next five years, new research indicates.Figures from ...
01-Aug-2007
Next 12 months 'will be good for landlords'
The vast majority of landlords are planning on investing in more property over the next 12 months, research suggests.Despite the fact that 90 per cent...
01-Aug-2007
